Rosneft: 9M Results – Production Up 5%, Forex Hits Net Income, Dividend to be Paid
In 9M 2014, Rosneft produced 5.1 mmboed of hydrocarbons, which is 5.0% higher than in 9M 2013. The Company’s daily hydrocarbon production is in excess of 5 mln for the third quarter in a row. The Company’s daily production of oil and liquids stabilized at 4.2 mmbd. In September 2014, …
JD Neuhaus: Explosion Protected Crane Systems
Crane systems manufactured by the J D Neuhaus company can be supplied with Atex classifications EX II 2 GD IIA T4 / EX II 3 GD IIB T4, with increased spark protection also available for explosion level II C. Their products are currently used worldwide, operating in some of the most dangerous …
dGB Earth Sciences: Launches OpendTect 5.0 Seismic Interpretation Software
OpendTect 5.0 Strengthens dGB’s HorizonCube and Sequence Stratigraphic Capabilities and Provides Interpreters with New Ways of Analyzing Seismic Data dGB Earth Sciences, the leading provider of seismic interpretation software to the oil & gas industry, today announced the launch of OpendTect 5.0, the latest version of its open source seismic …
Tercel Oilfield Products: Launches MicroCORE Drill Bit Cutting System
Tercel Oilfield Products today announced the release of the Patented MicroCORE™ Cutting System, its newest PDC Drill Bit innovation. The MicroCORE cutting system is a revolutionary PDC drill bit design that redistributes high energy consumption from the center of the drill bit to the more efficient areas of the cutting …
DBR: Completes Major Marine Generator Set Order for Damen Shipyards
DBR has delivered the last units of a substantial order totalling 42 marine generator sets for Damen Shipyards Gorinchem. The generator sets will be installed on 14 ASD tugs that Damen is building at its Galaţi yard in Romania for a project in the Middle East. “We are very pleased …
Urals Energy: Falling Rouble and Oil Prices Dampen Netback from Latest Tanker Shipment
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce that the planned annual tanker shipment for export from Arcticneft on Kolguyev Island has been completed successfully. The tanker left Kolguyev Island on 23 October 2014 with 26,093 tons of crude (an equivalent …
Schlumberger Introduces New, Invizion Evaluation, Well Integrity Service
Invizion Evaluation service provides E&P operators an increased level of well integrity assurance by enhancing cement evaluation techniques Schlumberger announced today the release of Invizion Evaluation* well integrity service, which helps operators evaluate zonal isolation by using integrated drilling, cementing and well logging data. “One key component in achieving zonal …
Zoltav Resources: Better than Expected Production from the Karpenskoye Well Brings the Western Gas Plant to Full Production
Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to provide an operational update regarding its Bortovoy Licence in the Saratov Oblast of the Russian Federation. As previously reported, Zoltav’s main priority since the acquisition of the Bortovoy Licence in June 2014 has been to bring the …
Max Petroleum: Sberbank Loans Renegotiated, Asanketken Field Given FFD Green Light
Max Petroleum Plc, an oil and gas company focused on Kazakhstan, announces today an corporate and operational update. Subscription by AGR Energy On 4 August 2014, Max Petroleum announced that it had raised conditionally approximately £37.1 million before expenses by way of a cash subscription by AGR Energy Limited No. …
Schlumberger Introduces StingBlade Conical Diamond Element Bit
Drill bits with Stinger elements across the bit face increase run length and rate of penetration while improving steering in directional applications. Smith Bits, a Schlumberger company, announced today the introduction of StingBlade* conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved …